So it's National Insurance then

[Toadstool]

if you're a director of your own company neither you or the company will pay NICS, if you are you need a better accountant. you'll pay the extra 1.25% on divs though.

I could pay a base salary ( under the NI threashold ) but I don't - I agree I could "avoid" the tax, and maybe not with this change I will - still get clobbered with the div tax ( as well as the CT I already pay which is also going up 2022 or 23? ).

[Feedback]

I could pay a base salary ( under the NI threashold ) but I don't - I agree I could "avoid" the tax, and maybe not with this change I will - still get clobbered with the div tax ( as well as the CT I already pay which is also going up 2022 or 23? ).

1.25% is hardly clobbered. and if you take a mix of salary and divs you're still paying less tax overall (even allowing for CT, NICS and IT) than an employee earning the same income.

[Toadstool]

1.25% is hardly clobbered. and if you take a mix of salary and divs you're still paying less tax overall (even allowing for CT, NICS and IT) than an employee earning the same income.

Without paid holidays and pensions.

For me it's a lifestyle choice - and also most of my clients wouldn't want to engage with me in an employee-employer relationship.